16 Reservoir Street, Methuen MA 01844

Methuen, MA 01844
$575,000
Est. $3,060/month
3
Beds
1
Baths
1,406
Sq Ft
$409
Price/Sq Ft
0.17
Acres
1960
Year Built
Single Family Residence
Type
21
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73260391

About this home

Don’t miss this beautifully updated 3-bedroom ranch, perfectly situated within walking distance to sought-after CGS, The Loop, Target & Mann's Orchards. Several updates from 2014 - present, this charming home boasts built-in shelving & recessed lighting, enhancing its modern appeal. The updated kitchen & dining area feature modern finishes, while the renovated bathroom exudes comfort & style. The newly added mudroom & pantry, complete with a sliding barn door, offer storage & functionality. Enjoy the versatile partially finished basement offering valuable living space. The laundry room adds convenience to your daily routine. Step outside to the great backyard with a fire pit, raised beds for gardening & meticulously maintained variety of perennials that bloom in beautiful colors! A newly added front walkway & Trex front porch creates welcoming curb appeal. Central a/c & a 1 car garage offer convenience & comfort. This home is a perfect haven for you & your family & friends!

Sale Statistics

Sale Overview
Original List Price: $499,000
Final Sale Price: $575,000
Difference: +$76,000 (+15.2%)
Performance Metrics
115.2%
List to Sale Ratio
Sold above asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $355
Sale $/sq ft: $409
This property sold for $409 per square foot
Sale Summary

This property sold for 15.2% above the original asking price, indicating strong buyer demand.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1960
Bedrooms
3
Full Bathrooms
1
Living Area
1,406 sq ft
Total Rooms
5
Main Level Bedrooms
3

Interior Features

Flooring
Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
Heating
Forced Air
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Microwave, Refrigerator
Interior Features
Cable Hookup, High Speed Internet Hookup, Recessed Lighting, Lighting - Overhead, Walk-In Closet(s), Closet, Pantry, Storage, Sitting Room, Mud Room, Internet Available - Unknown
Laundry Features
Flooring - Stone/Ceramic Tile, Gas Dryer Hookup, Exterior Access, Washer Hookup, Lighting - Overhead, In Basement
Basement Details
Full, Partially Finished
Window Features
Insulated Windows, Screens
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Frame
Architectural Style
Ranch
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch, Patio, Rain Gutters, Screens, Fenced Yard, Garden
Patio/Porch Features
Porch, Patio
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.17 acres
Lot Size
7,579 sq ft
Lot Size Area
0.1700
Lot Features
Cleared
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
5
Parking Features
Attached, Paved Drive, Off Street, Tandem, Paved
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range, for Gas Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,373
Tax Year
2024
Tax Assessed Value
$402,700
Tax Lot
00015D
Tax Block
00077
Tax Map Number
00810
Parcel Number
M:00810 B:00077 L:00015D,2044878
Zoning
RA

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Property Condition
Updated/Remodeled, Remodeled
Disclosures
Contingent upon seller finding suitable housing.
Exclusions
Washer, Dryer
Listing Terms
Contract

Location

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Neighborhood

16 Reservoir Street, Methuen MA 01844

Methuen, MA 01844

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $364
Homeowners Insurance $200
PMI $0

Property History

Market Insights

13.2%
Price Range
23
Total Days on Market

Property Timeline

Sold
Sep 24, 2024
$575,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Jul 8, 2024
$499,000
Original listing
Agent: DNA Realty Group Office: Keller Williams Realty

Price & Status History

Date Event Price Change
Jul 8, 2024 New Listing Added $499,000

Market Statistics

Days on Market
21 days
Price per Sq Ft
$409

Tax History

Year Taxes Assessment
2024 $4,373 $402,700

Financial Details

Annual Property Tax
$4,373
Tax Year 2024
Assessed Value
$402,700

Listing Information

Listing Agent DNA Realty Group
Listing Office Keller Williams Realty
Agent MLS ID TM003972
Office MLS ID G95022

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